Polymarket Hack Loss Revised to $3.1M After Platform Pledged Full Refunds

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Prediction markets platform Polymarket has updated the total loss from a recent hack to $3.1 million. The revision came just days after the platform publicly promised to fully refund affected users. Polymarket is also reportedly under investigation over allegations of false or deceptive marketing practices. The dual developments mark a turbulent period for one of the largest platforms in the prediction markets space.

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